Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Reaches New 12-Month Low – Here’s What Happened

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $22.77 and last traded at $22.90, with a volume of 180965 shares. The stock had previously closed at $22.93.

Schwab U.S. Aggregate Bond ETF Price Performance

The company’s 50 day simple moving average is $23.07 and its 200 day simple moving average is $23.26.

Institutional Investors Weigh In On Schwab U.S. Aggregate Bond ETF

A number of hedge funds have recently bought and sold shares of the stock. Retirement Guys Formula LLC increased its stake in shares of Schwab U.S. Aggregate Bond ETF by 2.2% during the fourth quarter. Retirement Guys Formula LLC now owns 19,798 shares of the company’s stock worth $463,000 after buying an additional 432 shares during the period. Maripau Wealth Management LLC raised its stake in Schwab U.S. Aggregate Bond ETF by 1.2% in the third quarter. Maripau Wealth Management LLC now owns 37,722 shares of the company’s stock valued at $885,000 after buying an additional 455 shares in the last quarter. M1 Capital Management LLC raised its stake in Schwab U.S. Aggregate Bond ETF by 0.4% in the fourth quarter. M1 Capital Management LLC now owns 102,858 shares of the company’s stock valued at $2,404,000 after buying an additional 459 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 11.2% during the 4th quarter. CoreCap Advisors LLC now owns 4,700 shares of the company’s stock worth $110,000 after buying an additional 473 shares during the last quarter. Finally, Note Advisors LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 3.2% during the 4th quarter. Note Advisors LLC now owns 15,122 shares of the company’s stock worth $354,000 after buying an additional 475 shares during the last quarter.

About Schwab U.S. Aggregate Bond ETF

(Get Free Report)

The Schwab U.S. Aggregate Bond ETF (SCHZ) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a broad index of U.S. investment grade fixed income securities, including corporate, government, and mortgage-backed securities. SCHZ was launched on Jul 14, 2011 and is managed by Charles Schwab.

Further Reading

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